Summary
- Toyota is focusing on solid-state batteries to address the limited driving range of electric vehicles and aims to achieve a range of nearly 900 miles on a full charge, along with faster charging times and lower production costs.
- Toyota plans to introduce 10 new battery electric vehicles and a new BEV platform by 2026, investing $7.5 billion into EV development and production by 2030. The company is committed to accelerating EV development and profitability.
- Toyota may include their performance-oriented GR lineup in their next generation of EVs, potentially offering breakthrough advancements in range, battery density, charge times, and safety in the performance-oriented segment. The AE86 BEV concept showcased at the 2023 Tokyo Auto Salon indicates their interest in performance EVs.